HomeMy WebLinkAbout88-049M
Y
. l-
�
,
CITY OF PRIOR LAKE
RESOLUTION 88 -49 -
RESOLUTION ADOPTING ASSESSMENT FOR
PROJECT 88 -20, PLEASANT STREET IMPROVEMENT PROJECT
r
NOTION BY:- FITZGERALD SECONDED BY: WHITE
WHEREAS,,_ pursuant to proper notice duly given as required.,by law,'
the Council has not and heard and passed upon all
ob to the proposed asses ei:ent for the
improvements of Project 88 -20 Pleasant Street
Improvement Project.
v'
NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND - COUNCIL OF
PRIOR LAKE, MINNESOTA that:
, n
I. Such proposed assessment, a copy of which is attached
hereto and made a part hereof, is hereby accepted and
shall constitute the special assessment against the
lands named therein, and each tract of 'land 'therein
,
included is hereby found to be benefited by the prroosed'
improvement in the amount of the assessment levied
against it.
2. Such assessment shall be payable on an equal principal
method extending °over &`period of 20 years. The first
installment shall be the annual prl plus interest
calculated from;the public hearing date to the and of
this year plus ; "the twelve months of the next year °and
shall bear interest atiche rate of 8. Z5 per
"annum
,.
from the date of the adoption of- this assessment '
resolution. To the first instal,lmsnt 'shall ba added
"`
interest on the entire assessment from the date of this
resolution until December 31, 988. To each subsequent
installment,
when due shall be added interest for one
Year on all unp� =tea- �zllments,
3. The" awner of any propertiy so assessed say, at any time
prior to certification of the assessment to the County
Auditor, pay the whole of the assessment. on such
T'
Property,, with interest accrued to the date of within 30
(6T2) 447.4230 409 DAKOTA STREET S.E. PRIOR LAKE, MINNESOTA 55372
� x .a�
. \ . � a.�
.